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Arts Oct 22

Santa Claus won’t be coming to Macy’s this year

By Joseph Pisani, Associated Press

Economy Mar 30

Macy’s, Kohl’s, Gap to furlough majority of their workers

Macy's is furloughing a majority of its 130,000 workers beginning this week as its sales have collapsed because of the pandemic.

By Anne D'Innocenzio, Associated Press

Economy Feb 04

One of the 68 Macy's, Inc. stores the company plans to close is shown at the Mission Valley Center mall in San Diego, California. Photo by Mike Blake/Reuters
Macy’s to close 125 stores, shed 2,000 corporate jobs

The store closures represent about one fifth of Macy's current total. They didn't specify how many jobs would be lost at the shuttered stores.

By Anne D'Innocenzio, Associated Press

Economy Aug 13

No image
Sagging Interest in Motor Vehicles Drives July Retail Sales Down

Driven down by sagging demand for vehicles, U.S. retail sales had their worst showing in five months in July, according to newly released government figures.

By PBS NewsHour

Economy Feb 28

No image
Department Stores to Merge in $11 Billion Deal

Federated Department Stores Inc., parent to high-end retailers Bloomingdale's and Macy's, is buying rival May Department Stores Co. for $11 billion in cash and stock, the companies announced Monday.

By PBS NewsHour

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Monday, May 29
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